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Parliamentary questions
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2 August 2018
Answer given by Ms Vestager on behalf of the European Commission
Question reference: E-002937/2018

ArcelorMittal committed to a transparent and non-discriminatory divestment process. To that end, ArcelorMittal is required to keep the Monitoring Trustee informed of steps taken vis-à-vis potentially interested buyers. This is to ensure that all potentially suitable purchasers are given the opportunity to participate in the sales process on an equal and non-discriminatory footing.

As regards its obligation towards the Commission, ArcelorMittal will have to formally submit the final sale and purchase agreement to the Commission. In this context, ArcelorMittal will have to explain why the selected purchaser is suitable so that the Commission can verify that the purchaser is indeed suitable and that the asset is sold in a manner consistent with ArcelorMittal’s commitments. The Commission is obliged to uphold confidentiality obligations in its proceedings, but typically publishes a non-confidential version of its decision on the matter.

The Commission finds the dialogue with social partners very important. In this specific case, it is the responsibility of ArcelorMittal to engage in a social dialogue with third parties and other stakeholders, including trade unions, and keep them informed of the process.

Any instance observed by third parties of potential non-compliance with the terms of the commitments can be brought to the attention of the Commission and of the Monitoring Trustee, so that the Commission can promptly assess whether any breach of ArcelorMittal's obligations has occurred.

Last updated: 3 August 2018Legal notice